Bitcoin Adoption Spreading Fast In The Automotive Industry

tippytoes

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Quote from: zhengqi on March 24, 2019, 06:05:23 PM

It seems to me that the use of bitcoin in the automotive industry is very cool. Bitcoin is convenient to use for large purchases such as real estate or car. Therefore, I am very pleased with this news.

News like this is very positive especially for crypto users. More demand means increase in bitcoin's price. So that's what we are yearning for. With the acceptance of bitcoin payment of many merchants, shops and dealers will increase also the number of crypto users.

jpnl0005

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the automative industry is undeniably the most relevant industry that requires the use of technology and more recent technologies that will further advance their designs and advancement in deploying the modern day use cases of vehicles thereby keeping their business always in demand

jakezyrus

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Quote from: Ayiranorea on March 24, 2019, 02:36:11 PM

Quote from: Distinctin on March 24, 2019, 10:13:34 AM

Quote from: maxreish on March 24, 2019, 09:37:54 AM

That is actually a great news. We can see that bitcoin are now evading different kind of businesses as a payment method and as a blockchain system. It is not surprising at all and let us expect more upcoming news related to bitcoin when it comes to this incredible feature.
Automotive industry is a big field of business, i do think they will attract more investors bec. of this adoptation.

This is how businessman looking for opportunity with crypto utilization. It is probably a stepping stone for more developments around and crypto adoption will be maximize its purpose and to create more opportunity with.
Those big market players will make a way to adopt the system cause they'll found out it effectivity and it maximize their work hours also.

Without benefit no one will adopt or accept bitcoin into the business. Automotive industry in each and every country contributes to a big revenue to the country directly and indirectly. This helps with the market widening of bitcoin, because automotive industry is being contributed from low level to high level of people.

Big revenue to the country ? How come if the payment being used is only a bitcoin . we know that bitcoin cannot be taxed so how can you say that this idea help the economy of the country to improved where government cant get anything from bitcoin related transactions . still this news was good because it help alot for the bitcoin to become recognizable by the public .

zhengqi

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It seems to me that the use of bitcoin in the automotive industry is very cool. Bitcoin is convenient to use for large purchases such as real estate or car. Therefore, I am very pleased with this news.

Ayiranorea

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Quote from: Distinctin on March 24, 2019, 10:13:34 AM

Quote from: maxreish on March 24, 2019, 09:37:54 AM

That is actually a great news. We can see that bitcoin are now evading different kind of businesses as a payment method and as a blockchain system. It is not surprising at all and let us expect more upcoming news related to bitcoin when it comes to this incredible feature.
Automotive industry is a big field of business, i do think they will attract more investors bec. of this adoptation.

This is how businessman looking for opportunity with crypto utilization. It is probably a stepping stone for more developments around and crypto adoption will be maximize its purpose and to create more opportunity with.
Those big market players will make a way to adopt the system cause they'll found out it effectivity and it maximize their work hours also.

Without benefit no one will adopt or accept bitcoin into the business. Automotive industry in each and every country contributes to a big revenue to the country directly and indirectly. This helps with the market widening of bitcoin, because automotive industry is being contributed from low level to high level of people.

Distinctin

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Quote from: maxreish on March 24, 2019, 09:37:54 AM

That is actually a great news. We can see that bitcoin are now evading different kind of businesses as a payment method and as a blockchain system. It is not surprising at all and let us expect more upcoming news related to bitcoin when it comes to this incredible feature.
Automotive industry is a big field of business, i do think they will attract more investors bec. of this adoptation.

This is how businessman looking for opportunity with crypto utilization. It is probably a stepping stone for more developments around and crypto adoption will be maximize its purpose and to create more opportunity with.
Those big market players will make a way to adopt the system cause they'll found out it effectivity and it maximize their work hours also.

lyks15

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It is a very great news. We need to spread that news because it is the proof that bitcoin is still alive and working that even a big cars company are now accepting bitcoin. It is huge help to build a good reputation of bitcoin. I think when netizens and other business stablishment will know that, they will going to give their trust to invest because even the big company like car dealership are now in bitcoin tie up.

maxreish

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That is actually a great news. We can see that bitcoin are now evading different kind of businesses as a payment method and as a blockchain system. It is not surprising at all and let us expect more upcoming news related to bitcoin when it comes to this incredible feature.
Automotive industry is a big field of business, i do think they will attract more investors bec. of this adoptation.

Indrawan77

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Its great to see more industry that adopting bitcoin, automotive and real estate has been the target adoption of bitcoin, so it's only about tine that we will be able to buy those things using bitcoin, but I prefer that bitcoin adoption is about the daily need things or retail store, automotive is only targeted small percentage of users, if bitcoin can be used to buy daily need there will be alot of people interested

teejayrichard2

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The automotive industry is a big one filled with smart people who are current and in support of advanced technology, infact they have to be current with technology as recent cars are fixed with current advanced technology. Thus, the automotive industry adopting bitcoin did not come as a surprise to me. As a matter of fact, the automotive industry is the first industry i expected to adopt the use of bitcoin. I am sure other industries will do the same as time goes on.

Ahsan Aly

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Splendid ! And a good effort now btc investors get facilitate by this innovative idea. It would be better for btc demand and these kind of idea escort btc to the peak. This will be trend in market and obviously all crypto currencies would be take advantages by these opportunities. Bitcoin adoption is crucial for the success of business. This is time of technology. These initiative make bitcoin more strongest and demand able. Btc holders are quite excited by these offers.

xvids

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It is true that crypto and Bitcoin adoption is spreading fast,
There have been so many company that accepts it now ,
And there is a grocery that accepts Bitcoin so I think more and more company would accept it soon.

orions.belt19

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Quote from: shesheboy on March 07, 2019, 05:04:17 PM

Quote from: Theb on February 28, 2019, 04:01:34 AM

Only rich people will pay in this payment method, most of the people buying cars nowadays are undergoing through banks under loan payments. So it's a nice addition but I doubt that most of the people holding cryptocurrencies will buy cars with their crypto right now. What I would like to see instead is for the car parts aftermarket to accept cryptocurrencies as well as people would likely accept the prices in crypto for the car parts.

Not just rich people but even poor people can also buy a car using a crypto as we all know that most poor people are engage in cryptocurrency . but poor people tend to hodl than spending thier cryptos big time on these kind of stuffs . but overall this is another good news for us because this event can drive again the adoption and now its in the car/automotive scene . its new to my eyes/ears anyway .

How are poor people able to buy cars? How will they have the capacity to do so? I think that your logic is kind of twisted. I don't understand how a poor person will be able to engage in cryptocurrency -- how do they have access to the internet?

Obviously, a service like this will be availed by the rich. This will be an additional option for them should they want to choose convenience.

Having this available for the purchase of car parts will be more convenient and I think more people would be interested in this. Should a service center for cars be put with the option of bitcoin or crypto as payment then many crypto users would be more enthusiastic with this. I think that car industries that cater to the upper class should look into this because it's likely that they'll be the ones who would make these kinds of purchases.

kingpin4321

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It quite encouraging to see that the automotive industry is getting the heat of bitcoin.
And this is good for bitcoin adoption in general

Siren

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Quote from: Apollo11SaturnV on February 27, 2019, 02:50:33 AM

Bitcoin Adoption Spreading In The Automotive Industry
https://cryptodaily.co.uk/2019/02/bitcoin-adoption-in-the-automotive-industry-buy-a-car-with-bitcoin

In the article, there is also a directory of licensed car dealerships that accept bitcoin.

Bitcoin adoption is spreading like wildfire in the automotive industry, its worth sharing so more people will know. Its very interesting to see this many authorized car dealerships accept cryptocurrency as a payment method and the list appears to be growing.

There are two major area in which the cryptocurrency specially bitcoin ofcourse And those are

Medical industries and automotive industries

Automotive are one best area to prove that crypto is adoptable worldwide and now this news is best example for that

Kakmakr

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Honestly, I do not just want to buy a car with Bitcoin. I want to be able to use a built-in Crypto currency wallet into the car to pay for parking fees, when I visit my local Mall or when I park on the street. We have seen a giant move towards a Cash-less society and being able to do this, will definitely push Crypto currency adoption. Cool

Your new Tesla will stop at the parking and you recharge your battery and pay for the parking with Crypto currencies. Grin

stompix

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Quote from: muratsink on March 07, 2019, 05:24:22 PM

Thank you for your information, not only the automotive industry has adopted BTC, but there are many other large companies and merchants or platform who accept BTC.
1. Expedia, accepts BTC payments using coinbase.

Expedia stopped accepting BTC a year ago:
https://cointelegraph.com/news/confirmed-travel-booking-giant-expedia-has-quietly-removed-bitcoin-payment-option

Quote from: muratsink on March 07, 2019, 05:24:22 PM

2. Beepi, in 2014, the company of car announced to accept BTC transactions and other digital currencies.

Beepi is nearly bankrupt:
https://www.wsj.com/articles/beepi-winding-down-after-burning-through-150-million-1487203816

Quote from: muratsink on March 07, 2019, 05:24:22 PM

4. Samsung, and HTC, these two big companies adopted BTC, not only received BTC,

Samsung is not accepting cryptos!

Seriously, do a little research before posting!

muratsink

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Thank you for your information, not only the automotive industry has adopted BTC, but there are many other large companies and merchants or platform who accept BTC.
1. Expedia, accepts BTC payments using coinbase.
2. Beepi, in 2014, the company of car announced to accept BTC transactions and other digital currencies.
3. WordPress, one of these big platforms, chooses to receive transactions with BTC or other digital currencies.
4. Samsung, and HTC, these two big companies adopted BTC, not only received BTC, but their products supported features for the crypto world. like storing digital assets and mining.

and there are still many large companies that adopt BTC and other digital currencies.

shesheboy

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Quote from: Theb on February 28, 2019, 04:01:34 AM

Only rich people will pay in this payment method, most of the people buying cars nowadays are undergoing through banks under loan payments. So it's a nice addition but I doubt that most of the people holding cryptocurrencies will buy cars with their crypto right now. What I would like to see instead is for the car parts aftermarket to accept cryptocurrencies as well as people would likely accept the prices in crypto for the car parts.

Not just rich people but even poor people can also buy a car using a crypto as we all know that most poor people are engage in cryptocurrency . but poor people tend to hodl than spending thier cryptos big time on these kind of stuffs . but overall this is another good news for us because this event can drive again the adoption and now its in the car/automotive scene . its new to my eyes/ears anyway .

Zadicar

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Quote from: abojamal on March 07, 2019, 04:25:59 PM

Quote from: Apollo11SaturnV on February 27, 2019, 02:50:33 AM

Bitcoin Adoption Spreading In The Automotive Industry
https://cryptodaily.co.uk/2019/02/bitcoin-adoption-in-the-automotive-industry-buy-a-car-with-bitcoin

In the article, there is also a directory of licensed car dealerships that accept bitcoin.

Bitcoin adoption is spreading like wildfire in the automotive industry, its worth sharing so more people will know. Its very interesting to see this many authorized car dealerships accept cryptocurrency as a payment method and the list appears to be growing.

I love the old English proverb
(Slow but sure)
Let's read more about this kind of news
After a while, adoption will extend from car dealers to automakers.

Adoption cant really be stopped and Crypto adoption in car industry is gradually increasing and thats a good news yet it would really be beneficial to those people who are engage with crypto.
Hope that even bigger companies would consider on such adoption too soon.

Topic: Bitcoin Adoption Spreading Fast In The Automotive Industry (Read 725 times)